Zillow's Troubles Are Far From Over, Wall Street Analyst Warns As Housing Market Weakens
Zillow stock drops over 9% after missing Q3 earnings and cutting full-year revenue guidance amid housing market headwinds.
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Zillow Group announced its financial results for the third quarter of 2026, reporting a net loss of $158 million alongside revenue growth of 7% year over year.
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Zillow stock drops over 9% after missing Q3 earnings and cutting full-year revenue guidance amid housing market headwinds.
Several financial institutions, including UBS, RBC, Morgan Stanley, and Deutsche Bank, updated their price targets for Zillow Group on November 5, 2026.
Zillow released data showing that newly pending listings fell 17% in October, marking the largest year-over-year decline since 2023.
Needham has maintained its 'Hold' rating on Zillow Group, Inc.
Keybanc has maintained an 'Overweight' rating on Zillow Group while lowering its price target from $48 to $42.